Security Guard Business in Van Nuys - For Sale

I came across this listing for sale. I'm not in the business as a security agency, although I've worked in the periphery and have worked as an employee of agencies in the past. I often wonder about the financials of such a business.

Let's see. $375,000 asking price but they'll entertain an offer of $250,000 as a starting point. The revenue is a shade under $1 million. The adjusted net is $169,814. Hmm, let's see. It's a labor-intensive business. Something like that is not difficult to start and not that cost-intensive, but the key in getting an existing business is getting all the existing accounts. That's what you're paying for. So, if you want to consider buying such a business, you should check out the reputation and good will of the current business.

Check it out!

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Credit source usabizmart.com